Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 73500
per

Your estimated
City
free-cash

Madrid , Spain
₽8458
₽18394
₽7938
₽11631
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
73 500
income
-
-
-
12 347
pensions
-
-
-
20 801
other
-
-
-
74
unemployment
-
-
-
515
accident
-
-
-
661
total
-
-
-
34 398
Employee
42 826
-
55 732
-
unemployment
663
-
863
-
pensions
2 013
-
2 620
-
other
42
-
56
-
income
8 945
-
12 571
-
total
11 663
-
16 110
-
Employer
42 826
-
55 732
-
accident
848
-
1 104
-
other
343
-
446
-
unemployment
2 356
-
3 066
-
pensions
10 107
-
13 152
-
total
13 654
-
17 768
-
Corporate
17 020
73 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 553
11 025
-
-
total
2 553
11 025
-
-
Dividends
14 468
62 475
-
-
withholding
2 835
12 917
-
-
total
2 835
12 917
-
-
Income
73 500
73 500
73 500
73 500
Total tax
30 705
23 942
33 878
34 398
After tax
42 795
49 558
39 622
39 102
Living cost
31 164
31 164
31 164
31 164
Free-cash
11 631
18 394
8 458
7 938

Estimated living cost  is ₽31164 per week

₽22381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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